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IEA
IEA has said that electricity grids around the world need expansion to meet net zero emissions goals.
The International Energy Agency (IEA) has said that mobilizing local capital can empower Africa’s clean energy transition.
Oil and gas investors appear willing to accept reduced dividends in exchange for increased investments in clean energy initiatives.
IEA has said that Africa’s bond market totals less than $1 trillion.
Crude oil supplies across the world are falling as demand outpaces supply. This is according to a July 31 report from Reuters.
The International Energy Agency has said that natural gas will play a major role in the world’s energy markets, however, there is also a strong need to address emissions from gas supplies.
Fatih Birol, the Executive Director of the International Energy Agency (IEA), and the President of Kenya, William Ruto have called for a New Energy Pact for Africa.
The International Energy Agency (IEA) has said that between now and 2030, Nigeria needs up to $1.5 billion to reduce methane emissions in oil and gas operations.
The International Energy Agency (IEA) has said that 2% of oil and gas profits can finance emissions reduction in operations.
President Bola Ahmed Tinubu has given his support to the country’s first floating liquefied natural gas (FLNG) project which will be developed by indigenous company, UTM Offshore.
In response to its current energy shortage, China is actively seeking liquefied natural gas (LNG) in the market, as per Bloomberg reports.
Developing local capital markets plays a crucial role in facilitating the clean energy transition in emerging economies, as stated in a joint report by the International Energy Agency (IEA) and the International Finance Corporation (IFC) in June 2023.